dealflow
envelope $200M

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Northwest Community Hospital

dba Endeavor Health Northwest Community Hospital · Arlington Heights, Cook County, IL · CCN 140252
Licensed to Northwest Community Hospital

Composite
12.8
rank score
Distress
26
FY2023
Fit
50
vs thesis
Estimated ticket
$212M–$848M
424 beds · over envelope
Ownership
nonprofit
STH

Why it ranks here

  • under 30 days cash on hand
  • debt above 70% of assets
  • occupancy 45-60%
  • urban — higher occupancy and iteration surface
  • very large — likely out of range
  • estimated price exceeds the capital envelope
  • moderate occupancy
  • nonprofit — expect AG conversion review

Latest financials · FY2023

Net patient revenue$607M
Operating margin 5.2%
Total margin 7.1%
Days cash on hand 6
Current ratio 1.81
Occupancy56%

Facility

Beds424
Facility typeSTH
Settingurban
Ownership classnonprofit
Per-bed (low) $500K
Per-bed (high) $2.0M

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2020 424 $465M $9.5M -7.8% 1.9% 31 0.77 53% 18,962 62
2021 424 $510M $17.3M -0.6% 3.3% 19 0.64 54% 18,773 61
2022 424 $688M $34.3M -1.5% 4.7% 0 -2.37 58% 23,948 53
2023 424 $607M $43.8M 5.2% 7.1% 6 1.81 56% 20,022 26

Owners

OwnerRole%SinceType
Endeavor Health
Evanston, IL
5% or greater indirect ownership interest 100 2022-01
Northwest Community Healthcare
Arlington Heights, IL
5% or greater direct ownership interest 100 1969-08
Endeavor Health Clinical Operations
Evanston, IL
5% or greater indirect ownership interest 95 2024-01
Ann Ford corporate director 2015-11
Carolyn Cekal w-2 managing employee 2016-04
Christine Erdmann corporate officer 2022-03
Christine Erdmann w-2 managing employee 2018-04
David Zucker corporate director 2024-01
Elizabeth Aquino corporate director 2024-01
Gerald Gallagher corporate officer 2021-01
Gerald Gallagher corporate director 2021-01
Mary Sheahen corporate director 2010-09
Rocco Martino corporate director 2024-01

Ownership changes

No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.

Who has been buying in IL

Completed CMS ownership changes in this state. These buyers already cleared the licensure process here — and whoever advised them knows this market.

DateBuyerSellerHospitalBeds
2025-03-01 Saint Joseph Medical Center - Joliet Llc Presence Central And Suburban... Presence St. Joseph Medical Center 425
2025-03-01 St Marys Hospital - Kankakee Llc Presence Central And Suburban... Presence St. Marys Hospital 169
2025-03-01 Mercy Medical Center - Aurora Llc Presence Central And Suburban... Presence Mercy Medical Center 190
2025-03-01 Saint Joseph Hospital - Elgin Llc Presence Central And Suburban... Presence Saint Joseph Hospital Elgin 144
2025-03-01 Saint Francis Hospital - Evanston Llc Presence Chicago Hospitals Network Presence Saint Francis Hospital 146
2025-03-01 Resurrection Medical Center - Chicago Llc Presence Chicago Hospitals Network Presence Resurrection Medical Center 221
2025-03-01 Saint Mary Of Nazareth Hospital -... Presence Chicago Hospitals Network Presence Saints Mary & Elizabeth Med 296
2025-01-01 Osf Healthcare System Katherine Shaw Bethea Hospital Katherine Shaw Bethea Hospital 80
2023-03-01 American Healthcare Systems Illinois Llc Granite City Illinois Hospital Company Llc Gateway Regional 288
2023-01-14 Deaconess Illinois Crossroads Inc National Healthcare Of Mt Vernon Inc Crossroads Community Hospital 47
2023-01-14 Deaconess Regional Healthcare... Marion Hospital Corporation Heartland Regional Medical Center 94
2020-12-01 Advocate Health And Hospitals Corporation Advocate Health And Hospitals Corporation Advocate Southland Health Network 438
2020-07-01 Carle Bromenn Medical Center Advocate Health And Hospitals Corporation Carle Bromenn Medical Center 206
2020-02-01 Osf Healthcare System Little Company Of Mary Hospital Inc Little Company Of Mary 222
2019-10-01 Thorek Memorial Hospital Bethany Homes And Methodist Hospital Methodist Hospital Of Chicago 141